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Avatar for Cullen Real Estate and Appraisal Company
Cullen Real Estate and Appraisal Company
4.9(
444
)
Appraisal - Real Estate

Serving Chatham, MA and surrounding areas

Approved

In business since 1990

Free estimates

Emergency services offered

"Very positive experience working with Cullen Real Estate and Appraisal. They were able to accommodate my schedule for the property inspection and communicated frequently. Tom, the lead appraiser, was knowledgeable, friendly, prompt, and able to answer all of my questions. The best part is that we received a complete, well-researched report within just a couple of business days...super fast turnaround! I would certainly recommend Cullen to anyone looking for a truly professional company to appraise their property."
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Land Appraisal

+3

Response time4 hrs
26 neighbors recently requested a quote
Recommended by98%of homeowners
Avatar for Akrivis Real Estate Valuations
Akrivis Real Estate Valuations
4.3(
72
)
Appraisal - Real Estate

Serving Chatham, MA and surrounding areas

Approved (Corporate)

In business since 2018

Credit card accepted

Offers commercial services

"The process was easy, and pricing options were provided up fromt. They gave clear instructions about what they needed for the appraisal. They provided an appraisal quickly, with a nice turn around time. I would call this company again next I need an appraisal."
Restaurant
Response time5 hrs
Response rate89%
991 neighbors recently requested a quote
A Cape Appraiser/Wool Appraisal Service
4.7(
14
)
Appraisal - Real Estate

Serving Chatham, MA and surrounding areas

In business since 1998

Free estimates

Credit card accepted

"Mr. Wool is a true Professional in every sense of the word. He is highly qualified and detail-oriented. Mr. Wool is very honest and he quoted me his fee and all the work he would complete, prior to our appointment. Bill was right on time for our appointment and completed a methodical inspection of my home, explaining everything as he did it. I received his very thorough Appraisal of the Fair Market value of my home on the date promised. I would definitely recommend Mr. Wool as an Expert Appraiser!"
Our Work
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Our Work

+3

Response time50 mins
Recommended by100%of homeowners
Outermost Home Appraisals
5.0(
2
)
Appraisal - Real Estate

Serving Chatham, MA and surrounding areas

In business since 2004

Outermost Home Appraisals, is committed to excellence in every aspect of appraising. We uphold a standard of integrity bound by fairness, honesty, and personal responsibility. Our distinction is the quality of service we bring to our customers. Accurate knowledge of the real estate market in Massachusetts, combined with ability is what makes us true professionals. Above all, we are watchful of our customers' interests and make their concerns the basis of our business while educating them on what an appraisal can do for them. We specialize in Estate and IRS appraisals, Tax abatement appraisals and residential mortgage appraisals. Unfortunately, we do not do; vacant land, divorce or commercial appraisals.

Response time1 day
Response rate91%
Recommended by100%of homeowners
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Property Appraiser questions, answered by experts

Basement bedrooms can count toward your room count and the square footage of your home on an appraisal if they’re fully legal, which means they have proper ventilation and points of egress, as defined by your local building code. Simply partitioning off a space for a bedroom in an otherwise unfinished basement that isn’t a legal living space won’t affect your appraisal value.

In most cases, selling a home in as-is condition will lead to a sale price that’s somewhere between 10% and 30% lower than normal. However, it’s often worthwhile to sell at a loss because the alternative would be to pay for the repairs yourself, which could end up costing you more. Even if they didn’t, selling as-is saves you from the time and energy you’d spend coordinating the repairs.

In cases where an appraisal comes in lower than an offer price, sellers might opt to lower their asking price to meet the appraisal, especially if the market is slow, and replacing the offer with a higher one may take a long time. Sellers can also offer to make repairs to boost the appraised value, hire another appraiser to get a second opinion, or just move on to another offer that isn’t contingent on the buyer getting a mortgage or an appraisal inspection.

While there’s technically no limit to the dollar amount you can borrow for a home addition, the standard limit is around 80% of the value the addition is expected to add to your home. That means you could feasibly borrow up to $80,000 if an appraiser determines that the addition or bump out will add $100,000 in value to your property. You might also be limited by your debt-to-income ratio or credit score.

The differences between market value and appraised value depend on the local market, so they can match, or either one can be higher than the other. In a “seller’s market,” where there is an abundance of buyers, market value will likely sit higher than the appraised value because there’s more demand for the low inventory of homes. In a “buyer’s market,” where there are more homes than there are buyers, the market value is more likely to sit below the appraised value to entice buyers.

The Chatham, MA homeowners’ guide to property appraisals

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